IPO

Elfin Agro India Ltd. IPO

Elfin Agro India Ltd., established in 2009, operates in the Food Processing & Packaging sector. The company's IPO opened on March 5, 2026 and closed on March 9, 2026, with an issue price of ₹47. The ... Read more

Min Investment
₹ 1,41,000 / 3000 shares
Price Range
₹47
Bidding Dates
5 Mar '26 - 9 Mar '26
Total Issue Value
25.03 Cr
Lot Size
3,000
Total Issue Size
25.03 Cr
Listing At
NSE SME
Subscription
2.97 times
BSE Price
49.21 (4.7%)

IPO Timeline

  • 5 Mar 2026
    Bidding Starts
  • 9 Mar 2026
    Bidding Ends
  • 10 Mar 2026
    Allotment Finalization
  • 12 Mar 2026
    Listing

About Elfin Agro India Ltd.

Our Company is primarily engaged in the business of manufacturing of Chakki Atta (High fibre whole wheat flour), R Atta (Refined whole wheat flour), Tandoori Atta (Specialized flour), Sooji (Semolina flour), Maida (Refined Flour) and yellow mustard oil. As on the date of this prospectus, our ... Read more

Parent organisation
Founded
Elfin Agro India Ltd.
2009

Elfin Agro India Ltd. IPO Reservation

Investors Category Shares Offered
Market Makers 2,67,000 (5.01%)
Non Institutional Investors 25,20,000 (47.32%)
Retail Individual Investors (RIIs) 25,38,000 (47.66%)

Elfin Agro India Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 146.44 Cr 5.08 Cr 6.73 Cr
31 Mar 2024 124.71 Cr 3.68 Cr 7.29 Cr
31 Mar 2023 101.45 Cr 1.81 Cr 3.61 Cr

Elfin Agro India Ltd. Background

Our company was originally incorporated as a Private Limited Company under the name “Ravija Sulz Private Limited” on July 28, 2009, in accordance with the Companies Act, 1956 bearing Corporate Identification Number U17119RJ2009PTC029463 issued by Registrar of Companies - Rajasthan. ...

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Major Events And Milestones
  • 2009
    Company incorporated as a Private Limited Company in the name of “Ravija Sulz Private Limited”
  • 2012
    Name changed from “Ravija Sulz Private Limited” to “Elfin Agro India Private Limited”
  • 2013
    Flour processing unit was set up at F-250 and F-251 RIICO Growth Centre, Bhilwara
  • 2019
    Ownership assumed by Daga Family
    Purchased a Dal Processing Unit at Plot No. G1-407 & G1-408, RIICO Growth Centre, Bhilwara (“RIICO Land”) vide an auction conducted by Bank of Baroda
  • 2020
    Commencement of commercial production of Dal Mill
  • 2022
    Discontinuation of operations of Dal Mill on account of low margins.
    Company had installed the Mustard oil Processing Unit at F-252 and F-253 RIICO Growth Centre, Bhilwara
  • 2023
    Increase in Capacity of Flour processing unit from 36,500 MTPA to 47,450 MTPA
  • 2024
    Company converted from Private to Public Limited Company and name changed from “Elfin Agro India Private Limited” to “Elfin Agro India Limited”
Elfin Agro India Ltd. Object of Issues

1. Working Capital Requirement
2. General Corporate Expenses

Elfin Agro India Ltd. IPO Listing Details
Listing Date
12 Mar 2026
ISIN
INE1FEW01013
Final Issue Price
₹ 47
Elfin Agro India Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 47.00 -
Open ₹ 47.30 -
Low ₹ 47.30 -
High ₹ 48.05 -
Last Trade ₹ 47.60 -
Elfin Agro India Ltd. Company Promoters

1. Mr. Vimal Kumar Daga
2. Mr. Deepak Pal Daga
3. Mrs. Seema Daga
4. Mrs. Neetu Daga
5. M/S. Vimal Kumar Ayush Pal Daga HUF
6. M/S. Vimal Kumar Deepak Pal Daga HUF
7. M/s. Deepak Pal Harsh Kumar Daga HUF

Industry Overview

In India, agriculture is the primary source of livelihood for ~55% of the population. Factors contributing to the sharp growth in demand for processed foods include increasing urbanization, increasing disposable incomes, changing spending patterns/ priorities, the emergence of nuclear families, ... Read more

Elfin Agro India Ltd. IPO Registrar
Cameo Corporate Services Ltd.
"Subramanian Building", #1, Club House Road, Chennai (Madras) Tamil Nadu - 600002
40020700, 28460390
Elfin Agro India Ltd. IPO Lead Manager(s)
Finshore Management Services Ltd.
Anandlok, Block-A, 2nd Floor, Room No. 207, 227 A.J.C. Bose Road, Kolkata West Bengal - 700020
22895101

FAQs

When does Elfin Agro India Ltd. IPO opens and closes?

Elfin Agro India Ltd. IPO opens from 5th March to 9th March 2026.

What is the size of Elfin Agro India Ltd. IPO?

The size of the Elfin Agro India Ltd. IPO is ₹25.03 Cr.

What is the minimum investment and lot size required for the Elfin Agro India Ltd. IPO?

The minimum investment required is ₹1,41,000 and minimum lot size is 3000 shares.

When is Elfin Agro India Ltd. IPO listing date?

The Elfin Agro India Ltd. IPO will be listed on 12th March 2026.

What is the objective of Elfin Agro India Ltd. IPO?

1. Working Capital Requirement
2. General Corporate Expenses

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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